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==Economy== Wyomissing is a thriving commercial office and retail center, in large part due to its proximity to [[Reading, Pennsylvania|Reading]] and its highway access. The [[Berkshire Mall (Pennsylvania)|Berkshire Mall]] is located in Wyomissing along with several other large shopping centers with their retail giants and restaurants. As crime soared in Reading throughout the 1990s, companies and corporations relocated from the city to newer, Class A office space in the borough. In addition to a suburban layout, the greater Wyomissing area is at the crossroads of U.S. Routes [[U.S. Route 422|422]] and [[U.S. Route 222 in Pennsylvania|222]], providing immediate highway access to the rest of the greater [[Philadelphia]] and [[Berks County, Pennsylvania|Berks County]] region. Several large corporations are headquartered in Wyomissing, including [[Penn Entertainment]], the second-largest [[gambling|gaming]] company in the U.S., [[Boscov's]], one of the last family-owned department store chains in the nation, and [[Carpenter Technology Corporation]]. [[UGI Corporation|UGI]] and [[VF Corporation]] have major operations in the borough. [[Sovereign Bank]] was previously headquartered here. Sovereign was acquired by [[Banco Santander|Santander Group]], which maintains its regional office at the same location in the borough. Wyomissing has outpaced the rest of the Southeastern Pennsylvania region in job growth, registering an average job growth of 13.3% per year from 2000 to 2006. Financial giants [[Merrill Lynch]], [[Goldman Sachs]], and [[Citibank]] are developing data backup centers using the region's close proximity to major fiber optic lines running down the [[East Coast of the United States|East Coast]]. In 2024, [[Macy's]] opened a new store in Wyomissing at Broadcasting Square replacing a former Bed Bath & Beyond store. This is the company's first store in Berks County.<ref>{{Cite web |date=2024-04-23 |title=Macy’s is opening a ‘small-format’ store in Berks |url=https://www.readingeagle.com/2024/04/23/macys-is-opening-a-small-format-store-in-berks/ |access-date=2024-10-30 |website=Reading Eagle |language=en-US}}</ref>
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